Nidec Corp. (OTCMKTS:NJDCY – Get Free Report)’s share price gapped up prior to trading on Monday . The stock had previously closed at $3.1501, but opened at $3.52. Nidec shares last traded at $3.56, with a volume of 3,894 shares.
Nidec Stock Up 11.9%
The firm has a 50-day moving average of $3.56 and a two-hundred day moving average of $3.67. The firm has a market cap of $33.63 billion, a price-to-earnings ratio of 13.56 and a beta of 0.96. The company has a current ratio of 1.61, a quick ratio of 1.06 and a debt-to-equity ratio of 0.26.
About Nidec
Nidec Corporation is a global manufacturer of electric motors and related systems, supplying components and finished products for a wide range of industries. The company is best known for its precision small motors used in computer hard-disk drives and other compact applications, and it has broadened its product portfolio to include motors, drives, controllers and mechatronic systems for consumer appliances, office automation, industrial equipment and automotive applications.
Its product range encompasses brushless DC motors, induction motors, servo systems, power electronics and complete motor-driven systems designed for energy efficiency and high performance.
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